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Logistics Management - July 1, 2003

Cover Story
Deflation strikes logistics

Deflation has taken the wind out of the sails for logistics. Total U.S. logistics costs fell last year to $910 billion as declining interest rates drove down the cost of managing the nation's devalued inventory. Indeed, logistics costs represented the lowest percentage of the gross domestic product (GDP) in the 14-year history of the State of Logistics Report, a major study that quantifies th...



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